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Search - "layoffs"
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I’d heard rumblings from my friends in other parts of the organization that there were going to be layoffs coming, so I’d warned my little engineering team. One of my team was vacationing abroad.
When he came back, one of my teammates told him it was all over and we were going to get fired.
He told me that he’d been told that and I said that it probably wouldn’t affect us and that I wouldn’t worry about it (I was under the impression that the layoffs would only really hit customer-facing roles).
The member of my team who just got back from vacation, the one who I reassured, was the only member of my team who was part of the group laid off.
Goddamn it. -
In my last rant (https://devrant.com/rants/5523458/...) I regaled you lovely folks of how I had to diplomatically yet firmly defend my work/life boundaries during off-work hours for non-life threatening affairs (a frustratingly common occurrence), and concluded the thread by mentioning that I still had a job, but would make a note of my frustration of that for whatever exit interview happens.
Well, no need for those notes any longer.
I and half of the engineering force, along with several senior managers were laid off this morning in the form of a "mandatory on-site all hands".
I live and work in NYC. Several people took trains and booked rooms from as far away as Boston to be here (or at least I know of specifically two people who commuted up here on Sunday to be here for the "all hands"). I presume those people used their travel benefits to get here and back.
We were dismissed before the meeting even took place, and according to a coworker I became friends with (yes, despite my snarky comments in other threads, I *do* actually have coworkers I became friends with lol) who survived at least this round of layoffs, once the actual all-hands commenced, the company first disclosed the layoffs, then announced being awarded a major contract with the very client the entire org had been working on overdrive to win for the last nine months. He had already been looking for a new job and got an offer last Friday, had been mulling it over, but told me once we were off the phone he was calling them up and accepting. He had three people reporting to him, and lost two. Even he had no idea it was coming until one of his now-former subordinates asked him to come outside and told him they'd just been let go.
I knew going in to this startup that "it's a startup, anything can happen, just mind the gap". That's why I asked on numerous occasions and tried to get time with our CFO to ask about revenue and earnings; things that in my years at this place were never disclosed to the rank and file, I'm not a professional accountant or CPA by any means, but I did take a pair of corporate accounting classes in community college because I like the numbers (see my other rants about leaving the field and becoming a math teacher), and I was really curious to know how the financial health of the business was.
It wasn't so much a red flag as it was an orangish-yellow that no one ever answered those questions, or that the CFO was distant but not necessarily cagey about my requests for his time; other indicators were good while interviewing--they had multiple fully integrated, paying customers (one of which being a former employer from years ago, which aided me in having strong product familiarity during the job interview), but I guess not enough to be sustainable.
Anyway. I'm gonna use the rest of the week to be a bum, might get out of the city and go hang with friends Pittsburgh, eat some hoagies and just vibe for a while. I've got assets and money stashed up to float pretty easily for a while, plus a bit of fun money so losing the job isn't world ending. Generalized anxiety because everything is going to shit worldwide, but that quickly faded into the backdrop of the generalized anxiety I always have because existentialism or something like that.
Thanks for reading. Pay the teachers.5 -
Worst fight was at a former job. I complained about a senior-level employee who made unprofessional comments about me.
I asked followup questions about a request. I was told the request was correct. Turns out the other employee half read/didn’t read my question because she decided I was trying to cause trouble. When my boss reviewed my work and asked why it looked weird, other employee actually wrote in the JIRA comments “Oh, my apologies. I thought [name] was question the request. [name] changed the wrong thing.” She said the silent part out loud. And the wrong thing she accused me of changing…the website always looked like that and my boss told her so. (Also, not the first time she forgot what the website looked like.) But my boss didn’t make any JIRA comment about the “questioning the request” part.
My boss was really downplaying what had happened. Like other employee just made a mistake. That wasn’t a mistake. He wasn’t going to bring it up with other employee’s boss. It was weird because the incident was a written conversation so it was really hard to deny the facts. I also had the original email notification in case she tried to go back and change her comment. I think my boss either wasn’t used to defending his direct reports or didn’t have the power to do so since most of his department (including me) was slated for layoffs in a few months.
Well, I got the last laugh. A week later, I received an offer. I put in my notice during the company’s busiest time of year. And my boss actually asked me to extend my notice by three weeks. Really?! Expecting me to forgive and forget that whole “questioning the request” incident. I stuck with my original date. -
update : we are at hr round baby!!!
part 1 : https://devrant.com/rants/5528056/...
part 2 (in comments) : https://devrant.com/rants/5550145/...
the tech market is crazy mann! it's one of the top indie fintech companies in our country and has a great valuation.
i totally felt that they i am crashing the interviews , and am seriously not trying to be humble. before the dsa round , i was trying to mug up how insertion sort works 🥲
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now my dilemma is should i switch if i get the offer. in a summary:
current company:
- small valuation but profitable (haven't picked funding for last 3 years , so poast valuation is some double digit million $, but can easily be a unicorn company)
- very major b2b player in my country. almost all unicorns (including this fintech company) and some major MNCs are their client and they have recently acquired a few other companies of us and eu too, making them- a decent global player
- meh work : i love being a cutting edge performer in android but here we make sdks that need to support even legacy banking apps. so tech stack is a lot of verbose java and daily routine includes making very minor changes to actual code and more towards adding tests , maintaining wrapper sdks in react/cordova/unity etc, checking client side code etc.
- awesome work life balance : since work is shit and i am fast enough, i am usually working only 2-4 hours a day. i joined gym, got into shape , and have already vsited 5 places in last 6 months, and i am a guy who didn't used to have time even on sundays. here, we get mote paid leaves than what i would usually need.
- learning opportunities: not exactly from the company codebase, but they provide unlimited access to various course learning platforms like linkedin learning, udemy and others, so i joined some web dev baches and i now know decent frontend too. plus those hybrid sdks also give a light context to new things
new company :
- positives : multi billion valuation, one of the top players in fintech , have been mostly profitable ( except a few quarters)
- positive : b2c so its (hopefully) going to put me back into racing shoes with kotlin, jetpack and latest libraries.
- more $$$ for your boy :)
- negetive : they seem to be on hiring spree and am afraid to junp ship after seeing the recent coinbase layoffs. fintech is scary these days
- negetive : if they are hiring people like me, then then they are probably hiring people worse than me 😂. although thats not my concern what my main concer is how they interviewed. they have hired a 3rd party company that takes interviews of people FOR THEM! i find that extremely impolite, like they don't even wanna spare their devs to hire people they are gonna work with. i find this a toxic, robotic culture and if these are the people in there then i would have a terrible time finding some buddy engineer or some helpful senior.
- negetive : most probably a bad wlb : i worked for an year for a fast paced b2c edtech startup. no matter how old these are , b2c are always shipping new stuff and are therefore hectic. i don't like the boredom here but i would miss the free time to workout :(
so ... any thoughts about it?4